See peer percentile detail with Solo.
Solo shows the percentile for each metric against plans of the same size and industry. $4.99 for your first month, then $34.99 a month. Cancel any time.
See the 10-year trajectory with Solo.
Solo shows up to ten years of filings for this plan, year over year. $4.99 for your first month, then $34.99 a month. Cancel any time.
| Provider | Service type | Compensation |
|---|---|---|
ALERUS FINANCIAL, N.A.4 years Service code 15 · EIN 45-6062081 | Recordkeeping | $54,125 |
The auditor declined to give an opinion. This is usually a 103(a)(3)(C) limited-scope election.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $23,156 | $64,286-64.0% | $90,951-74.5% | $73,409-68.5% |
| Participation rate | 98.6% | 63.6%+35.1pp | 69.0%+29.6pp | 72.2%+26.5pp |
| Annual return | 28.34% | 21.45%+6.9pp | 134.60%-106.3pp | 59.29%-31.0pp |
| Employer contribution / active EE | $2,088 | $895+133.4% | $2,122-1.6% | $2,234-6.5% |
| Participant deferral / active EE | $4,960 | $2,453+102.2% | $3,373+47.1% | $3,805+30.3% |
| Admin fee / account holder | $58 | $287-79.8% | $5,959-99.0% | $158-63.2% |